Certified Bank Auditor - CBA

AAA

DEFINITION of 'Certified Bank Auditor - CBA'

A professional designation awarded by the Bank Administration Institute (BAI) Center for Certification to financial auditing professionals who pass a four-part multiple-choice exam within a three-year eligibility period. Most candidates must also have an undergraduate degree and at least two years of professional bank auditing experience, or a master's degree in business or accountancy plus one year of work experience. Successful applicants earn the right to use the CBA designation with their names, which can improve job opportunities, professional reputation and pay.

INVESTOPEDIA EXPLAINS 'Certified Bank Auditor - CBA'

Applicants are tested on accounting, auditing principles, bank laws and regulations, and general business principles. Applicants should also be familiar with new industry developments. Every year, CBA professionals must complete 30 hours of continuing professional education and pay a renewal fee to continue using the designation.



RELATED TERMS
  1. Certified Information Systems Auditor ...

    A certification available for professionals who conduct audits ...
  2. Certified Forensic Financial Analyst ...

    A specialized accounting credential offered by the Financial ...
  3. Certified Employee Benefit Specialist

    A professional designation available in both the United States ...
  4. Chartered Accountant - CA

    An accounting designation given to accounting professionals in ...
  5. Associate In Premium Auditing - ...

    Professional designation awarded by the Insurance Institute of ...
  6. Chartered Financial Analyst - CFA

    A professional designation given by the CFA Institute (formerly ...
Related Articles
  1. A Guide To Financial Designations
    Personal Finance

    A Guide To Financial Designations

  2. Find The Right Financial Advisor
    Budgeting

    Find The Right Financial Advisor

  3. The Basics Of CFP Designation Maintenance
    Professionals

    The Basics Of CFP Designation Maintenance

  4. A Close Look At Certified Senior Designations
    Professionals

    A Close Look At Certified Senior Designations

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center